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Image header Agence Europe
Europe Daily Bulletin No. 13134
Contents Publication in full By article 15 / 29
ECONOMY - FINANCE - BUSINESS / State aid

European Commission orders Italy to recover illegal aid in form of real estate tax exemption

On Friday 3 March, the European Commission ordered Italy to recover illegal State aid granted to certain non-commercial entities in the form of a real estate tax exemption.

The decision follows a 2018 judgment by the Court of Justice partially annulling a 2012 Commission decision declaring Italy’s tax exemption incompatible with EU State aid rules.

At the end of 2012, the Commission found that a former exemption from the Italian real estate tax (‘imposta comunale sugli immobili’) for...

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